canadian

ALAMOS GOLD INC., $9.18, is a buy. The gold miner (symbol AGI on Toronto) took its current form in July 2015. That’s when it merged with AuRico Gold, at that time a Stock Pickers Digest recommendation. The combined firm owns the Mulatos mine in Mexico, and the Young-Davidson and Island mines in northern Ontario.

The Mulatos mine has now transitioned to a new, nearby deposit called La Yaqui Grande.

Initial gold production has started at the La Yaqui Grande mine, following the completion of construction this month, ahead of schedule....

CANADIAN NATIONAL RAILWAY CO., $146.75, Toronto symbol CNR, remains a buy.

CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico.

About 750 of CN’s signal and communications workers (3% of its total workforce) went on strike last weekend after their union and the company failed to reach a new contract deal.

So far, the walkout has had little impact on CN’s operations....

Canadian Tire continued to rebound as its stores re-opened with the end of COVID-19 lockdowns. The company is also expanding its online business and cutting costs. In fact, it’s so confident in its prospects that it just hiked your dividend by a whopping 25.0%.


CANADIAN TIRE CORP....

MOLSON COORS CANADA INC. is still a hold. The company (Toronto symbols TPX.A $74 and TPX.B $67; Conservative Growth Payer Portfolio, Consumer sector; Shares outstanding: 216.9 million; Market cap: $14.5 billion; Dividend yield: 2.9%; Dividend Sustainability Rating: Average; www.molsoncoors.com) is the world’s fifth-largest beer brewer....

Rising interest rates are generally bad news for utility stocks, as they increase their borrowing costs at the same time they make bonds more attractive to investors who might otherwise invest in utilities. However, steady cash flows from Canadian Utilities’ regulated businesses will let it and parent company ATCO keep raising your dividends.


CANADIAN UTILITIES LTD....

Investors searching for Canadian growth stocks need to consider a range of factors. Here are the key ones for maximum portfolio returns.

WINC INC., $1.64, symbol WBEV on New York, is an online wine club and a producer of wines. Founded in 2011 as the Club W wine club, it added its own proprietary wine products in 2014, launched a wholesale program in 2015, and then re-branded as Winc in 2016.

The company went public on November 10, 2021, selling 1.69 million of its shares at $13.00....

A top guide to dividend investing must include some of the lesser-known parts of a successful dividend strategy, including DRIPs and tax benefits

Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to brighten prospects for investors. Here are two buys that stand out this month:


CALIAN GROUP, $62.27, is a buy. The stock (Toronto symbol CGY; TSINetwork Rating: Extra Risk) (calian.com; Shares o/s: 11.3 million; Market cap: $710.2 million; Dividend yield: 1.8%) has just won a contract with the Royal Canadian Air Force (RCAF) to develop e-learning curriculum....

Activists usually demand big changes at companies they feel are undervalued. Still, sometimes, they simply invest in a company because they like its existing prospects. Here are examples of both.


CANADIAN PACIFIC RAILWAY LTD. $89 is a buy. The company (Toronto symbol CP; Manufacturing & Industry sector; Shares outstanding: 929.9 million; Market cap: $82.8 billion; Dividend yield 0.9%; Takeover Target Rating: Medium; www.cpr.ca) transports freight over a 23,700-kilometre rail network in Canada as well as the U.S....